If you are looking for a convenient and affordable way to make online payments in foreign currencies, you might want to consider using a virtual dollar card from Wallets Africa. In this article, we will review the features, benefits, fees, security, and use cases of Wallets Africa virtual dollar card and help you decide if it is the right option for you.
What is Wallets Africa Virtual Dollar Card?
Wallets Africa virtual dollar card is a prepaid debit card that you can create and fund with Nigerian Naira (NGN) or USDT (a cryptocurrency pegged to the US dollar) using the Wallets Africa app or website. You can use the virtual dollar card to make online payments in US dollars or any other currency supported by the card network (Visa or Mastercard). You can also use the virtual dollar card to withdraw cash from ATMs that accept Visa or Mastercard cards.
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How to Get Wallets Africa Virtual Dollar Card
Getting a Wallets Africa virtual dollar card is easy and fast. You just need to follow these steps:
- Download the Wallets Africa app from the Google Play Store or App Store, or visit the Wallets Africa website.
- Sign up for a free account using your email address, phone number, and password.
- Verify your identity by uploading a valid ID card and a selfie.
- Fund your Wallets wallet with NGN or USDT using bank transfer, card payment, USSD, or crypto deposit.
- Tap on “Cards” on the app or website and select “Create Card”.
- Choose the card network (Visa or Mastercard), the currency (USD), and the card limit (from $5 to $3000).
- Confirm your details and pay the card creation fee of $1.5 (or equivalent in NGN or USDT).
- Your virtual dollar card will be generated instantly and you can view the card number, expiry date, CVV, and PIN on the app or website.
- You can now use your virtual dollar card to make online payments anywhere Visa or Mastercard cards are accepted.
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How to Use Wallets Africa Virtual Dollar Card
Using your Wallets Africa virtual dollar card is simple and convenient. You can use it to:
- Shop online on local or international websites that accept Visa or Mastercard cards. You can pay in USD or any other currency supported by the card network. The exchange rate will be determined by Wallets Africa at the time of the transaction.
- Pay for subscriptions or services such as Netflix, Spotify, Amazon Prime, Google Play, etc. You can also link your virtual dollar card to PayPal, Payoneer, Stripe, or other payment platforms that support Visa or Mastercard cards.
- Withdraw cash from ATMs that accept Visa or Mastercard cards. You can withdraw up to $1000 per day from any ATM in Nigeria or abroad. The withdrawal fee is $3.15 (or equivalent in NGN or USDT) per transaction.
- Transfer money to other Wallets Africa users or bank accounts. You can send money to anyone who has a Wallets Africa account or a bank account in Nigeria or abroad. The transfer fee is 1% of the amount sent (minimum of $0.5).
You can manage your virtual dollar card on the Wallets Africa app or website. You can:
- View your card balance and transaction history.
- Freeze or unfreeze your card if you lose it or suspect fraud.
- Change your card PIN anytime.
- Delete your card if you no longer need it.
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Benefits of Wallets Africa Virtual Dollar Card
Wallets Africa virtual dollar card offers many benefits to users who want to make online payments in foreign currencies. Some of the benefits are:
- Convenience: You can create and fund your virtual dollar card within minutes using your smartphone or computer. You don’t need to visit a bank branch or fill out any forms. You can also access your card details anytime on the app or website.
- Affordability: You can save money on exchange rates and fees when you use your virtual dollar card. Wallets Africa offers competitive exchange rates that are updated daily. The fees for creating, using, and maintaining your virtual dollar card are also low compared to other options.
- Security: You can protect your virtual dollar card from unauthorized use by freezing it on the app or website. You can also change your PIN anytime and delete your card if you don’t need it anymore. Your virtual dollar card is also protected by Visa or Mastercard security features such as 3D Secure and chip technology.
- Flexibility: You can choose the card network, currency, and limit that suit your needs. You can also create multiple virtual dollar cards for different purposes. You can use your virtual dollar card to pay in USD or any other currency supported by the card network.
- Rewards: You can earn cashback on every transaction you make with your virtual dollar card. Wallets Africa gives you 0.5% cashback on every online payment and 0.2% cashback on every ATM withdrawal. The cashback is credited to your Wallets wallet instantly.
Fees for Wallets Africa Virtual Dollar Card
Wallets Africa virtual dollar card has low and transparent fees that are easy to understand. Here are the fees for using your virtual dollar card:
- Card creation fee: $1.5 (or equivalent in NGN or USDT) per card.
- Online payment fee: Free for USD payments, 1% for other currency payments.
- ATM withdrawal fee: $3.15 (or equivalent in NGN or USDT) per transaction.
- Transfer fee: 1% of the amount sent (minimum of $0.5) per transaction.
- Card maintenance fee: Free for active cards, $1 per month for inactive cards (cards that have not been used for more than 90 days).
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Security of Wallets Africa Virtual Dollar Card
Wallets Africa virtual dollar card is secure and reliable. You can trust Wallets Africa to handle your money and personal information with care and professionalism. Wallets Africa has the following security features and measures:
- Wallets Africa is a licensed and regulated financial institution by the Central Bank of Nigeria (CBN). It complies with all the rules and regulations of the CBN and other relevant authorities.
- Wallets Africa uses bank-grade encryption and security protocols to protect your data and transactions. It also uses firewalls, anti-virus, and anti-malware software to prevent cyberattacks and fraud.
- Wallets Africa requires you to verify your identity before you can create and use your virtual dollar card. It also requires you to enter your PIN or biometric authentication before you can access your card details or make transactions.
- Wallets Africa allows you to freeze or unfreeze your virtual dollar card on the app or website if you lose it or suspect fraud. You can also change your PIN anytime and delete your card if you don’t need it anymore.
- Wallets Africa partners with Visa and Mastercard, two of the most trusted and secure card networks in the world. Your virtual dollar card is protected by Visa or Mastercard security features such as 3D Secure and chip technology.
Wallets Africa Virtual Dollar Card Review
Wallets Africa virtual dollar card is a great option for anyone who wants to make online payments in foreign currencies. It is convenient, affordable, secure, flexible, and rewarding. It has low and transparent fees, competitive exchange rates, and cashback rewards. It is also easy to create, fund, use, and manage.
Wallets Africa virtual dollar card has received positive reviews from many users who have used it for various purposes such as shopping online, paying for subscriptions or services, withdrawing cash from ATMs, transferring money to others, etc. Users have praised Wallets Africa for its excellent customer service, fast and smooth transactions, user-friendly app and website, and innovative features.
However, Wallets Africa virtual dollar card also has some drawbacks that you should be aware of before you decide to use it. Some of the drawbacks are:
- Limited availability: Wallets Africa virtual dollar card is currently only available to users in Nigeria. Users in other countries cannot create or use the virtual dollar card.
- Limited currency options: Wallets Africa virtual dollar card only supports USD as the card currency. Users who want to pay in other currencies such as EUR, GBP, CAD, etc. have to pay an extra 1% fee for currency conversion.
- Limited card limit: Wallets Africa virtual dollar card has a maximum limit of $3000 per card. Users who want to make larger payments have to create multiple cards or use other methods.
- Limited customer support: Wallets Africa customer support is only available via email, phone, or social media. Users who need urgent or live assistance may not get a satisfactory response.
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How to Get a Wallets Africa Virtual Dollar Card in Nigeria
If you are a Nigerian resident and you want to get a Wallets Africa virtual dollar card, you can follow these steps:
- Download the Wallets Africa app from the Google Play Store or App Store, or visit the Wallets Africa website.
- Sign up for a free account using your email address, phone number, and password.
- Verify your identity by uploading a valid ID card and a selfie.
- Fund your Wallets wallet with NGN or USDT using bank transfer, card payment, USSD, or crypto deposit.
- Tap on “Cards” on the app or website and select “Create Card”.
- Choose the card network (Visa or Mastercard), the currency (USD), and the card limit (from $5 to $3000).
- Confirm your details and pay the card creation fee of $1.5 (or equivalent in NGN or USDT).
